Financials Emerson Electric Co. Deutsche Boerse AG

Equities

EMR

US2910111044

Electrical Components & Equipment

Market Closed - Deutsche Boerse AG 13:12:19 10/05/2024 BST 5-day change 1st Jan Change
107.9 EUR +2.00% Intraday chart for Emerson Electric Co. +9.43% +22.99%

Valuation

Fiscal Period: Septiembre 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 41,126 39,184 56,313 43,295 55,190 66,095 - -
Enterprise Value (EV) 1 45,353 43,355 60,624 51,865 55,296 73,685 72,277 70,858
P/E ratio 18 x 20.2 x 24.7 x 13.5 x 26 x 35.4 x 27 x 23.7 x
Yield 2.92% 3.05% 2.14% 2.81% 2.15% 1.83% 1.88% 1.96%
Capitalization / Revenue 2.24 x 2.33 x 3.09 x 2.21 x 3.64 x 3.77 x 3.57 x 3.39 x
EV / Revenue 2.47 x 2.58 x 3.32 x 2.64 x 3.65 x 4.2 x 3.91 x 3.64 x
EV / EBITDA 11.8 x 13 x 15 x 11.8 x 14.1 x 16.5 x 14.7 x 13.5 x
EV / FCF 19.7 x 17 x 20.2 x 21.7 x 202 x 27.3 x 21.3 x 18.5 x
FCF Yield 5.07% 5.87% 4.94% 4.61% 0.5% 3.66% 4.7% 5.42%
Price to Book 5.09 x 4.71 x 5.71 x 2.68 x 2.18 x 3.13 x 3.03 x 2.88 x
Nbr of stocks (in thousands) 615,101 597,592 597,800 591,300 571,500 572,000 - -
Reference price 2 66.86 65.57 94.20 73.22 96.57 115.6 115.6 115.6
Announcement Date 05/11/19 03/11/20 03/11/21 31/10/22 07/11/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Septiembre 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,372 16,785 18,236 19,629 15,165 17,553 18,504 19,493
EBITDA 1 3,855 3,345 4,035 4,378 3,929 4,478 4,924 5,259
EBIT 1 3,033 2,491 3,066 3,339 2,878 2,811 3,528 3,836
Operating Margin 16.51% 14.84% 16.81% 17.01% 18.98% 16.01% 19.07% 19.68%
Earnings before Tax (EBT) 1 2,859 2,335 2,912 4,085 2,726 2,335 3,220 3,555
Net income 1 2,306 1,965 2,303 3,231 2,152 1,895 2,486 2,746
Net margin 12.55% 11.71% 12.63% 16.46% 14.19% 10.79% 13.44% 14.09%
EPS 2 3.710 3.240 3.820 5.410 3.720 3.267 4.272 4.884
Free Cash Flow 1 2,298 2,545 2,994 2,391 274 2,697 3,394 3,839
FCF margin 12.51% 15.16% 16.42% 12.18% 1.81% 15.37% 18.34% 19.7%
FCF Conversion (EBITDA) 59.61% 76.08% 74.2% 54.61% 6.97% 60.24% 68.92% 73%
FCF Conversion (Net income) 99.65% 129.52% 130% 74% 12.73% 142.37% 136.52% 139.82%
Dividend per Share 2 1.955 2.000 2.020 2.060 2.080 2.119 2.173 2.264
Announcement Date 05/11/19 03/11/20 03/11/21 31/10/22 07/11/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Septiembre 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 4,473 4,791 5,005 5,360 3,373 3,756 3,946 4,090 4,117 4,376 4,436 4,639 4,324 4,582 4,664
EBITDA 1 991 1,084 1,032 1,271 1,760 955 1,018 1,087 975 782 1,227 1,244 1,081 1,218 1,250
EBIT 1 760 863 762 954 1,500 692 761 816 553 681 815.4 818.4 695.6 828.1 879.5
Operating Margin 16.99% 18.01% 15.22% 17.8% 44.47% 18.42% 19.29% 19.95% 13.43% 15.56% 18.38% 17.64% 16.09% 18.08% 18.86%
Earnings before Tax (EBT) 1 1,175 811 1,195 904 422 639 761 904 139 652 709.7 718.8 666.9 784.9 824.2
Net income 1 896 674 921 740 329 530 592 744 142 501 543.4 567.9 527.4 612.9 623
Net margin 20.03% 14.07% 18.4% 13.81% 9.75% 14.11% 15% 18.19% 3.45% 11.45% 12.25% 12.24% 12.2% 13.38% 13.36%
EPS 2 1.500 1.130 1.540 1.240 0.5600 0.9200 1.030 1.290 0.2500 0.8700 0.9243 1.053 0.9251 1.076 1.096
Dividend per Share 2 0.5150 0.5150 0.5150 0.5150 0.5200 0.5200 0.5200 0.5200 0.5250 - 0.5281 0.5281 0.5840 0.5839 0.5409
Announcement Date 02/02/22 04/05/22 09/08/22 31/10/22 08/02/23 03/05/23 02/08/23 07/11/23 07/02/24 08/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: Septiembre 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,227 4,171 4,311 8,570 106 7,590 6,183 4,763
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.096 x 1.247 x 1.068 x 1.958 x 0.027 x 1.695 x 1.255 x 0.9057 x
Free Cash Flow 1 2,298 2,545 2,994 2,391 274 2,697 3,394 3,839
ROE (net income / shareholders' equity) 26.7% 23.5% 25.1% 31.9% 13.9% 13% 17.6% 22.1%
ROA (Net income/ Total Assets) 11.3% 9.06% 9.68% 10.7% 33.7% 5.43% 6% 5.82%
Assets 1 20,443 21,689 23,799 30,193 6,383 34,922 41,454 47,186
Book Value Per Share 2 13.10 13.90 16.50 27.40 44.20 36.90 38.10 40.10
Cash Flow per Share 2 4.840 5.080 5.940 4.900 1.100 5.370 6.710 7.500
Capex 1 594 538 581 531 363 410 439 501
Capex / Sales 3.23% 3.21% 3.19% 2.71% 2.39% 2.33% 2.37% 2.57%
Announcement Date 05/11/19 03/11/20 03/11/21 31/10/22 07/11/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
23
Last Close Price
115.6 USD
Average target price
127.6 USD
Spread / Average Target
+10.43%
Consensus
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